Latest Business News - Africa

Construction of phase two of gas project in Ghana gets funding

 Chinese firm Sinopec International Petroleum Service Corporation has offered to finance the construction of phase II of gas project in Ghana.   The giant Chinese Oil Company has  Read More..

Posted on : 05 Nov,2015


ARM Cement in Kenya to adopt new cement production technology

 Cement manufacturer ARM Cement in Kenya has announced that it will launch a new technology in the production of cement, a move that will significantly reduce the cost of  construction,the  Read More..

Posted on : 03 Nov,2015


Kenya: Lonyangapuo Wants Cement Factory Built

West Pokot Senator John Lonyangapuo has given an investor three months to start building a cement factory whose foundation stone was laid at Sebit four years ago. Cemtech Sanghi Group Company  Read More..

Posted on : 02 Nov,2015


Nigeria: Niger Govt. Spends N1.8 Billion On Rural Roads

The Niger Rural Access and Mobility Project II (RAMP II), says it has expended N1.8 billion on the construction of rural roads in the three senatorial districts. The state Project Coordinator,  Read More..

Posted on : 02 Nov,2015


Concrete strides: Sub-Saharan Africa's infrastructure potential

For this West African city of more than 4.7 million people, the bridge to a better economy starts with an actual bridge. Abidjan’s Henri Konan Bédié (HKB) or “third  Read More..

Posted on : 02 Nov,2015


Central Africa: Fcfa 24 Billion for Central Africa Backbone Project

The Cameroon component of the Central Africa Backbone project involving the laying of 916 km of optical fibre cables of approximately five priority links has received funding from the African  Read More..

Posted on : 02 Nov,2015


Senate halts construction of second runway at an airport in Nigeria

The construction of a second runway at an airport in Nigeria has suffered a major blow after the country’s senate terming the project expensive. The construction of the runaway at Nnamdi  Read More..

Posted on : 02 Nov,2015


ABCEC in Zambia hails govt for huge budgetary allocation in construction sector

Association of Building and Civil Engineering Contractors (ABCEC) has expressed optimism that the construction industry in Zambia is poised for expansion following the allocation US$1.4m towards  Read More..

Posted on : 02 Nov,2015


Liberia: MOH to Construct 100 Housing Units

Authorities of the Ministry of Health (MOH) have assured its workers of the construction of 100 housing units for their occupancy under a mortgage plan in eight of the 15 counties. The counties  Read More..

Posted on : 02 Nov,2015


Construction firms in South Africa to restructure as market demand tumble

 Construction  firms in South Africa are on a restructuring mode in the wake of a fall in market demand for construction and engineering material in the country.   During a  Read More..

Posted on : 29 Oct,2015


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